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400 N Richmond St
Appleton, WI 54911
High End Richmond Terrace Commercial Condos · Multifamily Property For Sale · 137 Units

Investment Highlights

  • Extensive parking
  • Long-term tenants
  • Class A office
  • 100% occupied

Executive Summary

8/16/25: $250,000 price drop Rare opportunity to own class A commercial real estate in downtown Appleton. Attractive 8.6% cap rape. Sale includes 12 commercial condos and off-street parking. Long-term tenants include: Ahava, Transit Mutual, Reach Counseling, The Coop, Diverse and Resilient, Kidspirations Dance School, Drivers Education of Fox Cities, and AboutHealth. HOA handles snow removal and garbage and recycling as well as maintaining the parking lots. 90% Leased.

Property Facts

No. Units 137
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 9.34 AC
Building Size 202,370 SF
Average Occupancy 100%
No. Stories 4
Year Built 2003
Parking Ratio 2.23/1,000 SF
APN / Parcel ID
31-5-1101-00
  • 31-5-1101-11
  • 31-5-1101-20
  • 31-5-1101-21
  • 31-5-1101-22
  • 31-5-1102-10
  • 31-5-1103-03
  • 31-5-1103-05
  • 31-5-1103-10
  • 31-5-1103-11
  • 31-5-1103-12
  • 31-5-1103-13
  • 31-5-1103-14
  • 31-5-1103-15
  • 31-5-1103-16
  • 31-5-1103-17
  • 31-5-1103-18
  • 31-5-1103-20
  • 31-5-1103-21
  • 31-5-1103-22
  • 31-5-1103-23
  • 31-5-1103-24
  • 31-5-1103-25
  • 31-5-1103-26
  • 31-5-1103-27
  • 31-5-1103-28
  • 31-5-1103-29
  • 31-5-1103-30
  • 31-5-1103-31
  • 31-5-1103-32
  • 31-5-1103-33
  • 31-5-1103-34
  • 31-5-1103-35
  • 31-5-1103-36
  • 31-5-1103-38
  • 31-5-1103-40
  • 31-5-1103-41
  • 31-5-1103-42
  • 31-5-1104-11
  • 31-5-1104-14
  • 31-5-1104-23
  • 31-5-1104-25
  • 31-5-1104-26
  • 31-5-1104-30
  • 31-5-1104-34
  • 31-5-1104-41
  • 31-5-1104-45
  • 31-5-1105-12
  • 31-5-1105-20
  • 31-5-1105-22
Zoning PDC2 - Mixed, commercial and residential

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Sprinkler System

Site Amenities

  • Courtyard
  • Grill
  • Elevator
  • Lounge

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - 775 - 1,018
2+1 3 - 945
2+2 120 - 1,002 - 1,539
3+2 8 - 1,385 - 2,178
4+2 1 - 2,178
  • Listing ID: 33314670

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 400 N Richmond St, Appleton, WI 54911

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